My problem was my FICO score was very low from a bad past that put me behind on bills that only hurt your score like collections and a tax lien.  

I'm currently in the aggressive growth stage of building my portfolio and have extensive experience in real estate (as an investor and a commercial real estate investment banker).  

Open Houses were designed for brokers to collect unrepresented Buyers and sellers to grow their business, not sell the home.  

It is pretty simple to say you can't invest in collectibles or insurance contracts and you need to avoid prohibited transactions.  

However, like any large city, there are literally 1000's of D class properties in Columbus where you will be lucky to collect.

I have yet to close on a deal but when I got overwhelmed with info, gathering and drafting scripts, drafting other documents, collecting leads, running comps, doing property analysis, researching properties from multiple lists and bandits signs, I said to myself 'if I don't call someone now I will never get to closing', I had to take my first step towards a deal. 

I hired a guy to do my hardwood floors (referral from another investor) and he showed up everyday in his beat up little toyota SUV until the last day when he came to collect payment he showed up in his huge Hummer with his entire family.

@Adrian PascanuCheck out the extensive resources on BP under the education tab.Locate and attend several REIA club meetingsDownload BP’s newest book here some good due diligence in Chapter 10.

Many pets will be hard on your unit and you want to collect money for these extra upkeeps.

From what you posted, it doesn't sound like you collected/disbursed any rent payments to the owner, or paid the owner anything at all.